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20121230
20121230
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. >>> representative tom cole of oklahoma sits on the budget committee, dealing with the cup's money problems all year, but now, we are down to those critical hours. he joins me from washington to offer his perspective near this crucial dialogue. so simply put, do you think we are going to get a deal in time, congressman? >> i do. i think the nature of these things is you get down to the last minute, into the very good way to run a railroad but the way this railroad does run. >> this particular railroad seems to have an air of desperation about it as we get down to it. >> people are concerned, and they ought to be. we are talking about every american's tax rates who pays taxes, talking about the extension of unemployment, the estate tax this has more elements in it than most things do i think at the end of the day, you know, in the senate now, i think the senate will come to some sort of arrangement, they will push it over here and then i think the house will be the decisive arena, a lot will depend, obviously, on what the senate agrees to >> isn't that the question what will happen in the house? i do
hit a major setback today. joining us is oklahoma congressman tom cole. what are you hearing? are you hopeful that there is a deal today? >> i am probably the last optimist in washington. all the parties that can make a deal are in town. that is a step in the right direction. there is very serious negotiations going on now between senator mcconnell and leader reed. they have found common ground. i wouldn't be surprised that there are bumps along the way but the senate will get something done and it moves to the house. and what senate would be extraordinary important. >> until now it appeared negotiations centered around a small deal that would likely extend bush tax cuts for all but high earners and extend unemployment benefits for people set to lose them on january 2 and prevent the alternative minimum tax. should republicans wait until next year to negotiate a larger deal that could include changes to entitlements. >> there are areas of agreement here which would take care so the american people aren't worried about things. the real issue is exactly what the speaker suggested. the p
and deal with the deficit in a balanced way. in fact, as we know, republicans like tom cole, a very conservative member from oklahoma, and others have said that that approach makes sense. and yet the speaker refuses to allow a vote on that proposal. and so allow democracy to work and so far unfortunately, speaker boehner has been held captive with the tea party wing of the republicans in the house, which voted down his own proposal just about a week ago, because he said, well, we should ask folks making over $1 million to pay more. his caucus said no. so what we're saying is, let the whole house, democrats and republicans, vote on the president's proposal. let democracy work its will. worst case scenario is that would be defeated. but you don't know until you hold a vote in the house of representatives. that's how democracy is supposed to work. it's not supposed to allow a small, extreme group within the republican caucus to dictate terms to the country. >> there is some indication from the hill that the call to bring vice president joe biden, two has negotiated deals in the past, o
Search Results 0 to 2 of about 3